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Is this the second mainstream investing publication after Barron's to make the call? Anyways I thought this article was interesting because it mentions a few vehicles other than TBT and TLT.
If you think easy money and staggering deficits will lead to inflation, consider investing in an inverse bond fund.
By Manuel Schiffres, Executive Editor, Kiplinger's Personal Finance
January 30, 2009
full disclosure: I hold none of these in a portfolio. My humble stash is made up cash and and a small rump.
If you think easy money and staggering deficits will lead to inflation, consider investing in an inverse bond fund.
By Manuel Schiffres, Executive Editor, Kiplinger's Personal Finance
January 30, 2009
Direxion 10 Year Note Bear 2.5X (DXKSX) seeks 250% of the inverse daily results of the price of the ten-year Treasury note. It lost 40% as Treasury prices rose and gained 12% when Treasury prices fell recently.
ProFund Rising Rate Opportunity 10 (RTPIX) seeks returns that are opposite the daily price movement of the ten-year Treasury note. It lost 19%, then gained 5%. Because this fund employs no leverage and uses the less-volatile ten-year note as its benchmark, it's the least risky of the funds in this group.
ProFund Rising Rate Opportunity (RRPIX) seeks 125% of the inverse daily price movement of the 30-year Treasury bond. It lost 42%, then gained 21%.
Rydex Inverse Government Bond Strategy (RYJUX) seeks returns that are the inverse of the daily price movement of the 30-year Treasury. It lost 33.5%, then gained 16%.
Proshares UltraShort 7-10 Year Treasury (PST) seeks daily results that correspond with twice the inverse performance of the Barclays Capital 7-10 Year U.S. Treasury Index. It lost 30%, then gained 10%.
ProShares UltraShort 20 + Year Treasury (TBT) seeks daily results that correspond with twice the inverse performance of the Barclays Capital 20 + U.S. Treasury Index. It plunged 51.5%, then gained 33%.
ProFund Rising Rate Opportunity 10 (RTPIX) seeks returns that are opposite the daily price movement of the ten-year Treasury note. It lost 19%, then gained 5%. Because this fund employs no leverage and uses the less-volatile ten-year note as its benchmark, it's the least risky of the funds in this group.
ProFund Rising Rate Opportunity (RRPIX) seeks 125% of the inverse daily price movement of the 30-year Treasury bond. It lost 42%, then gained 21%.
Rydex Inverse Government Bond Strategy (RYJUX) seeks returns that are the inverse of the daily price movement of the 30-year Treasury. It lost 33.5%, then gained 16%.
Proshares UltraShort 7-10 Year Treasury (PST) seeks daily results that correspond with twice the inverse performance of the Barclays Capital 7-10 Year U.S. Treasury Index. It lost 30%, then gained 10%.
ProShares UltraShort 20 + Year Treasury (TBT) seeks daily results that correspond with twice the inverse performance of the Barclays Capital 20 + U.S. Treasury Index. It plunged 51.5%, then gained 33%.